PARIS (AP) — PARIS (AP) — Sanofi (SNY) on Friday reported third-quarter earnings of $3.09 billion.
The company said it had net income of $1.23 per share. Earnings, adjusted for non-recurring costs, were $1.57 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The drugmaker posted revenue of $14.77 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $14.39 billion.
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